Your role as a trusted financial advisor to families and businesses
Help individuals, families, and businesses choose life, health, and financial protection policies that best suit their needs.
Sell endowment, money-back, term, ULIP, pension, and health policies from LIC's portfolio of 50+ products.
Maintain client records, assist with claims settlements, and renew policies — building a loyal, long-term client base.
Offer clients financial analysis and risk-minimisation strategies — increasingly important in today's wealth-conscious market.
Grow your client base through referrals, community connections, and digital outreach — your business, your rules.
Beyond insurance, sell mutual funds, retirement funds, NSCs, and other financial products as your career matures.
What makes becoming an LIC agent one of India's most rewarding careers
Help families realise their financial dreams — the satisfaction is unmatched.
LIC contributed 4,021 MDRT members globally in 2015 — India's finest insurance team.
Up to 25–30% first-year commission on most plans, plus renewal commissions that pay for life.
Be your own boss. No fixed hours, no fixed salary ceiling — pure entrepreneurship.
17–25 day structured programme by qualified in-house faculty. No prior experience needed.
High performers can be promoted to Development Officer — managing their own agent teams.
State-of-the-art Branch Office support, tools, and technology available to every agent.
Offer over 50 product combinations to meet every client's financial goal at every life stage.
LIC provides promotional collaterals, digital tools, and marketing support to grow your business.
LIC's 65+ year legacy and government backing gives you instant credibility with every client.
How you earn — transparently explained
| Policy Type | 1st Year Commission | 2nd & 3rd Year | Subsequent Years |
|---|---|---|---|
| Endowment Plans (15+ yr term) | 25–30% | 7.5% | 5% |
| Money Back Plans | 20–25% | 7.5% | 5% |
| Term Insurance Plans | 10–15% | 5% | 5% |
| Health / Jeevan Arogya | 25% | 7.5% | 5% |
| Pension / Annuity Plans | 2% | — | — |
| ULIPs (SIIP) | 2–4.5% | 4.5–7% | Up to 7% |
| Bonus Commission | Additional 40% of first-year commission if annual targets are met | ||
Commission rates effective October 2024. Renewal commissions continue even after agency ceases (subject to LIC norms). Heirs/nominees also receive renewal commissions in the event of the agent's death.
Simple requirements, clear process — your career starts here
Reach out to us or your nearest LIC Branch Office. Meet the Development Officer.
Branch Manager conducts a brief interview to assess your aptitude and suitability.
Complete IRDA-mandated training covering insurance basics, LIC products, and sales skills.
Pass the Pre-Recruitment Examination by the Insurance Regulatory and Development Authority of India.
Receive your Appointment Letter and Agent ID. Begin earning commissions from day one.
17–25 days to launch a confident insurance career
Mandatory IRDA training — covers insurance law, consumer protection, and licensing requirements.
Hands-on module covering 50+ LIC plans — policies, riders, combinations, and comparisons.
Communication, relationship management, and consultative selling — essential in a service-driven industry.
Real appointment-setting with prospects from day one, alongside your Development Officer.
Dedicated revision sessions ensuring thorough understanding and readiness for the IRDAI exam.
Ongoing development via LIC-sponsored institutes, conferences, and annual product update seminars.
Recognition, clubs, and a clear path from agent to management
High performers absorbed into LIC management — lead your own agent team.
The Million Dollar Round Table — a global forum for the world's top insurance advisors.
Exclusive recognition for top performers — networking, prestige, and special rewards.
Attend annual seminars at exotic domestic and international locations — fully sponsored.
Healthy competitions throughout the year celebrating agent achievements.
Renewal commissions paid for the lifetime of your policies — even after agency ceases.
Key facts at a glance
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India's flagship women empowerment scheme in the insurance sector
The Bima Sakhi – Mahila Career Agent (MCA) Scheme was launched on 9 December 2024 by Prime Minister Narendra Modi in Panipat, Haryana. Administered by the Life Insurance Corporation of India (LIC), it is a government-backed, performance-oriented stipendiary scheme exclusively for women — aimed at promoting financial inclusion, insurance awareness, and women's economic independence across India, especially in rural and semi-urban areas.
Official GoI scheme with ₹520 crore budget in FY 2025-26 — not just a corporate programme.
Designed to bring insurance awareness and financial literacy to villages and underserved areas.
Comprehensive training on LIC products, financial literacy, and insurance awareness — all included.
Monthly stipend for 3 years PLUS commission on policies sold — dual income from day one.
Graduate Bima Sakhis completing 5 years can apply to become LIC Apprentice Development Officers.
Only women can join this scheme — a unique, purpose-built career opportunity for mahilas.
Guaranteed monthly income for the first 3 years, over and above commissions earned
In addition to the stipend, Bima Sakhis earn full LIC agent commissions on every policy sold. Total disbursed nationally: ₹62.36 crore in FY 2024-25.
Open to a wide range of women across Chennai and Tamil Nadu
Visit LIC's official website or reach out to LIC's Blue Chip Advisors, Chennai.
Documents are verified and a brief interview conducted by the Branch Development Officer.
Intensive training on LIC products, insurance awareness, and financial literacy tools.
Clear the IRDAI Pre-Recruitment Exam to receive your Mahila Career Agent licence.
Receive your MCA Appointment Letter. Stipend begins from the first month. Start selling and earning.
Graduate Bima Sakhis completing 5 years can apply for LIC Apprentice Development Officer roles.
A scheme making a real difference across India
Bima Sakhis currently enrolled and active across India as of July 2025.
Total stipend disbursed by LIC to Bima Sakhis in Financial Year 2024-25.
Government budget allocated for Bima Sakhi scheme in FY 2025-26.
Government's target to enrol and train 1 lakh new Bima Sakhis annually.
Everything you need to know before applying
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